Strongholds - Objective & Accurate Reference Points / Structures

Very early in my trading career, I came across Pivot Points only to find out that there are as many calculations as one pleases. It was hard to find out which ones work. Most of them probably did only out of randomness, so I ditched the strategy and looked for something else.

I previously used my Oracle Eye and Reference Points scripts but it is time for an upgrade.

Stronghold is a script I have used for quite some time now. I ditched daily and weekly closing prices as not that important. Instead, Strongholds are equipped with:

►Daily High & Low • Azure color
►Weekly High & Low • Dark blue
►Weekly old High & Low • Semi-transparent dark circles
►Monthly High & Low • Wizardly purple

There is an option to print:

►4h High & Low • Semi-transparent red
►VWAP • Lovely purple
►Weekly VWAPBlack

All of the levels and lines are set for 1m, 5m, 10m, 15m, 30m, 1h, 4h, 1D timeframes. If you use any alien timeframe, you may need to enter the code.

You can opt-in and out for certain timeframes. For example, daily levels are visible from 15m or 30, so the indicator won't draw them unless you want to. However, they will not be seen on higher timeframes as there is no reason to show them and oversaturate the chart with lines.


Remember that if you use this script with auto-scale, you need to tick Scale Price Chart Only. Otherwise, your chart will fly to the moon!

Good luck & have fun!

發布通知: Added an option to select either close 30m range (default) or open 30m range (good for stocks).
發布通知: Added time settings for the initial balance (open/close)

本著真正的TradingView精神,該腳本的作者將其開源發布,以便交易者可以理解和驗證它。為作者喝彩吧!您可以免費使用它,但在出版物中重複使用此代碼受網站規則的約束。 您可以收藏它以在圖表上使用。